The median sale price of a home in South Norfolk Historic District was $270K last month, up 21.6% since last year. The median sale price per square foot in South Norfolk Historic District is $136, down 9.33% since last year.
South Norfolk Historic District Housing Market Trends
What is the housing market like in South Norfolk Historic District today?
In March 2024, South Norfolk Historic District home prices were up 21.6% compared to last year, selling for a median price of $270K. On average, homes in South Norfolk Historic District sell after 53 days on the market compared to 20 days last year. There were 10 homes sold in March this year, down from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$269,950
+21.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
South Norfolk Historic District, VA
$269,950
+21.6%
United States
To compare other locations to the South Norfolk Historic District and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Chesapeake add value to a home.
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How hot is the South Norfolk Historic District housing market?
Learn what it takes to have a winning offer
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
97.7%
+0.6 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
South Norfolk Historic District, VA
97.7%
+0.6 pt
United States
Home offer insights for South Norfolk Historic District
Explore recent offers and recently sold homes in South Norfolk Historic District
Recent offers
View houses in South Norfolk Historic District that sold recently
Learn about schools in the South Norfolk Historic District area
Elementary
Middle
High
GreatSchools Rating
5/10
Truitt Intermediate School
Public • 3-5
288
Students
1 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on South Norfolk Historic District housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Norfolk Historic District.
Risk Factor
Flood Factor - Minor
22% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South Norfolk Historic District has a minor risk of flooding. 53 properties in South Norfolk Historic District are likely to be
severely affected
by flooding over the next 30 years. This represents 22% of all properties in South Norfolk Historic District. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
South Norfolk Historic District has a minor risk of wildfire. There are 1 properties in South Norfolk Historic District that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in South Norfolk Historic District.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
South Norfolk Historic District has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. South Norfolk Historic District is most at risk from hurricanes. 766 properties in South Norfolk Historic District have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 115 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 127 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
South Norfolk Historic District has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in South Norfolk Historic District have an Extreme Heat Factor®.
South Norfolk Historic District is expected to see a 128% increase in the number of days over 106ºF over the next 30 years. South Norfolk Historic District is expected to experience 7